The €1.9 billion Instrument for
Reforms and Growth for Moldova has been approved by the EU
Council. In addition to the other substantial aid provided by
Brussels to Chișinău, this is the most extensive financial
assistance package launched by the EU since the country's
independence. The goal is dual: to accelerate reforms and
stimulate Moldova's economy, thereby bringing the country closer
to EU accession; and to assist Chișinău in addressing the
obstacles that have arisen as a result of Russia's ongoing
destabilisation efforts and its war of aggression against
Ukraine.
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